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Meta announces over 1,000 job cuts in its Reality Labs division, marking the Bay Area's first significant tech layoff of 2026 as the company shifts focus to wearables.
President Trump will unveil major economic proposals at Davos next week, including letting savers tap 401(k)s for home down payments and capping credit card rates at 10%.
Medicare's negotiated drug prices went into effect January 1, 2026, saving patients up to 79% on 10 popular medications. What you need to know about the historic program.
As of January 1, 2026, workers earning over $150,000 must make catch-up contributions to Roth accounts only. Plus, new 'super catch-up' limits let those 60-63 save even more.
After powering the economy through 2025, consumer spending is expected to slow to 1.5% growth in 2026 as the K-shaped divide between high and low earners deepens.
Trump administration's deal with Eli Lilly and Novo Nordisk slashes GLP-1 drug prices to $350/month through TrumpRx.gov, starting January 2026. Medicare beneficiaries pay just $50 copays.
BlackRock's Larry Fink warned that 62% of Americans have less than $150,000 saved for retirement against a $2.1 million target. Gen X, the first generation without pensions, faces the sharpest cliff.
The BEA's December 2025 personal income and spending report shows real consumer spending grew just 0.1% despite a 0.3% income gain. Here's what that gap reveals about the American economy.
The 2026 Roth IRA contribution limit is now $7,500 — $8,600 for those 50 and older. Here's everything you need to know about the new income thresholds, backdoor Roth strategies, and why volatile markets make tax-free retirement accounts more valuable than ever.
IRS data shows the average tax refund is $2,290 so far in 2026, up 10.9% from last year. Financial experts say the way most Americans spend their refund is the biggest missed opportunity of the year.
Gen Z workers begin contributing to retirement accounts at age 23, versus age 40 for baby boomers. Yet 60% of millennials and Gen Z have less than $5,000 saved, revealing a paradox at the heart of young Americans' financial lives.
International airfares have dropped 12% in 2026, with flights to Asia down 16% and Europe down 14%. Bureau of Labor Statistics data confirms the sharpest decline in airline ticket prices since the pandemic recovery, creating a rare window for budget-conscious travelers.